Oil
Oil Prices Rise as Iran–U.S. Tensions Renew Supply Fears
Global oil prices rose on Monday following comments by U.S. President Donald Trump describing Iran’s response to a proposed peace...
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Oil Prices Climb Over 1% as US–Iran Fighting Threatens Ceasefire and Hormuz Stability
Global oil prices rose more than 1 percent on Friday after renewed fighting between the United States and Iran threatened...
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Oil Prices Rise Over $1 as Middle East Conflict Fuels Supply Concerns
Global oil prices climbed by more than $1 per barrel on Thursday, recovering from losses in the previous session as...
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Oil Prices Drop Nearly 4% Amid Ceasefire Hopes in Middle East
Global oil prices fell by about 4% on Wednesday following growing expectations of a possible ceasefire that could ease supply...
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Iran Threatens to Block Oil Through Strait of Hormuz, Warns Prices Could Hit $200 per Barrel
Iran has declared that it will not allow a single litre of oil to pass through the strategic Strait of...
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FG Inaugurates Nigeria’s First Crude Oil Flow Meter Calibration Facility in Eket
The Federal Government has intensified efforts to strengthen accountability in the crude oil sector with the inauguration of Nigeria’s first...
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Brent Oil Slips as Iran Naval Drills Heighten Supply Risk Ahead of US Talks
Brent crude prices edged lower in Asian trade on Tuesday, with investors assessing potential supply disruptions after Iran conducted naval...
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Oil Prices Dip Slightly as Hormuz Tensions Keep Traders on Edge
Oil prices edged lower on Tuesday as investors assessed the risk of potential supply disruptions following fresh U.S. guidance to...
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Oil Prices Rise on U.S.-Iran Tensions; Brent Hits $67.89
Oil prices climbed further on Wednesday after escalating tensions between the U.S. and Iran raised concerns over supply disruptions in...
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Nigeria to Lose 225,000 BPD as Shell Shuts Bonga FPSO for Maintenance
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has announced a temporary shutdown of its Bonga Floating Production Storage and...
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